Funding you earn now, next payment 00:00 UTC+0.1550%/8h= +169.7% APRpaid last 24h +0.163%
Price spread now: Bybit against BloFin−0.322%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs+$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1321.318% of the position
Funding, last 7 days+1.666%+$167 on $10k
+Price spread, last 3 days (all we have)+0.544%+$54 · spread now −0.322%, 7d avg +0.004%
=Funding pays, the price is against you. Bybit is 0.326% cheaper against BloFin than usual: you would sell low and buy high (spread −0.322% now, against its 7-day average of +0.004%). If the spread goes back, that is −$33 on $10k: about 17 hours of funding at the current rate (+$46 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MTL-USDT | 0.3104 | 0.0065 | pay 0.0033% / 4h | 2h 46m | $120K | $5K | 50x |
| Short | Bybit MTLUSDT | 0.3094 | 0.1615 | get 0.1615% / 8h | 2h 46m | $1.0M | $689K | 25x |
BloFin MTL-USDT
Bybit MTLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $325.47
- Price spread: −0.322% → +0.004%
- −$32.63
- Slippage, 4 orders
- −$108.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $161.01
- Costs to cover
- 1.318%
- Break-even
- 3.5 days
Slippage from BloFin: live order book, 33 min ago; Bybit: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 33 min ago | 1.61 bp | 17.4 bp −$17 | 95.9 bp −$959 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.62 bp | 42.9 bp −$43 | 539.5 bp −$5,395 | doesn't fit | doesn't fit |
MTL on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MTL-USDT | +0.0036% | 4h | 0.3102 | −0.064% | — | $1.3M | — | as long as short |
| BloFin MTL-USDTlong | +0.0065% | 4h | 0.3104 | long leg | $120K | $5K | 50x | |
| Aster MTLUSDT | +0.0100% | 1h | 0.3108 | +0.116% | $2K | $8K | 5x | as long as short |
| Binance MTLUSDT | +0.0100% | 4h | 0.3102 | −0.064% | $1.8M | $3.5M | 50x | as long as short |
| Gate MTL_USDT | +0.0100% | 4h | 0.3102 | −0.064% | $167K | $37K | 25x | as long as short |
| MEXC MTL_USDT | +0.0100% | 4h | 0.3102 | −0.064% | $269K | $133K | 50x | as long as short |
| KuCoin MTLUSDTM | +0.0100% | 4h | 0.3110 | +0.193% | $660K | $26K | 30x | as long as short |
| Bitget MTLUSDT | +0.0100% | 4h | 0.3100 | −0.129% | $344K | $93K | 25x | as long as short |
| Bybit MTLUSDTshort | +0.1615% | 8h | 0.3094 | −0.322% | $1.0M | $689K | 25x |
BingX MTL-USDT
Aster MTLUSDT
Binance MTLUSDT
Gate MTL_USDT
MEXC MTL_USDT
KuCoin MTLUSDTM
Bitget MTLUSDT